News

Artificial Intelligence
OpenAI Weighs Phone Built Around AI Agents
April 27, 2026

OpenAI is collaborating on the development of smartphone processors and may build a new artificial intelligence agent ecosystem based on a phone, TF International Securities Analyst Ming-Chi Kuo wrote in a Sunday (April 26) article on X. Get the Full Story Complete the form to...

Artificial Intelligence
DeepMind Vet’s Ineffable Intelligence AI Startup Raises $1.1 Billion
April 27, 2026

Ineffable Intelligence, an artificial intelligence (AI) startup launched by Google DeepMind veteran David Silver, has raised $1.1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Banking
BMO Launches Platform to Help Small Businesses Manage Banking
April 27, 2026

BMO has debuted a platform for small and midsized enterprises (SMEs) and emerging middle market (EMM) customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Banking
Customers Bank Taps OpenAI to Reengineer Commercial Banking Operations
April 27, 2026

Pennsylvania-headquartered Customers Bank plans to deploy artificial intelligence (AI) across its commercial banking operations in a new multiyear strategic collaboration with OpenAI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
Anthropic Ran a Marketplace and Bots Closed Every Deal
April 27, 2026

Anthropic ran a test that took the human out of the transaction entirely. The artificial intelligence company built a private marketplace for select employees and deployed software agents on both sides of every deal, letting them search listings, make offers and close deals without human...

Artificial Intelligence
Microsoft Agrees to End Revenue-Sharing With OpenAI
April 27, 2026

OpenAI has forged a new revenue and technology agreement with partner/artificial intelligence (AI) competitor Microsoft. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Artificial Intelligence
CFOs Suffer From Consumption as Tech Teams AI Tokenmaxx
April 27, 2026

Enterprise software helped redefine corporate billing and make it CFO-friendly. Annual licenses, multi-year agreements and seat-based pricing models created a stable cost structure that finance teams could forecast with reasonable accuracy. Even cloud computing, for all its variability, eventually settled into patterns that procurement and...

Artificial Intelligence
DeepSeek Pitches Deep Discounts Amid Fierce AI Competition
April 27, 2026

DeepSeek has begun offering developers discounts amid increasing competition in China’s artificial intelligence (AI) space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Investments
Sereact Raises $110 Million to Scale AI Robotic Brain
April 27, 2026

German startup Sereact has raised $110 million to develop its AI robotics model. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...